16 Best Solar Companies in Rochester, IN (Mar 2023 Review)

The Cost and Benefits of Solar in Rochester

Even though solar panels can save you money on energy bills over time, it's necessary to know the startup costs. Some important factors that determine the cost of installing a solar panel system on your home and how much it could save you over time are:

• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Plus, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• The type and model of solar panels you're planning on getting: More efficient models have higher prices, so that will influence your budget for your solar project.
• Your home's power bills: Because of very high monthly power bills in Rochester, you could save about $1,800 a year with solar.
• Average daily sunlight: Since Rochester gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which affects how much your electricity bills will be.

Although a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, such as the amount of daily direct sunlight available and incentives.

Solar Incentives in Rochester

In an effort to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more economically viable and accessible. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially use the ITC with other state and city rebates and benefits. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Rochester

If you want to add solar panels to your home, one of the primary reasons why may be to reduce your greenhouse gas emissions. But you may be curious — how much exactly can you help the planet by making the switch to solar? If your household uses lots of energy, you can help the environment even more by switching to solar power. In fact, if you make the switch to solar power, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. As you can see, trading traditional energy for solar has so many other perks besides saving money. One of the primary ones is that you can help save the Earth too.